December 15, 2017

WorkCompRecap: Covering Compounding!

Today’s issue of WorkCompRecap features the release of a new research report from CompPharma on compounding in workers’ compensation that examines patient safety, efficacy, quality, and cost issues. The new report, “Compounds in Comp: A New Look at Patient Safety, Efficacy and Cost” notes that its authors…[Continue Reading]

CompLinks: 5/24/17

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. Patients on Opioids Before Knee Surgery Have Worse Pain Outcomes Insurance Journal Insurance Industry Challenges: View from Industry Associations Safety National Conference Chronicles Paying an injured worker’s medical bills out of pocket: What could go wrong? Texas Mutual Blog Editor’s… [Continue Reading]

CompPharma Publishes New Paper on Compounds in Workers’ Compensation

CompPharma

Maggie Valley, NC – CompPharma, LLC a consortium of workers’ compensation pharmacy benefit managers, has published its second free research paper on compounding in workers’ compensation entitled “Compounds in Comp: A New Look at Patient Safety, Efficacy and Cost”. Written by pharmacists and public affairs professionals…[Continue Reading]

CA Commissioner Jones Advises WC Insurers Reduce Rates by 16.5%

CA Department of Insurance

Sacramento, CA – Insurance Commissioner Dave Jones adopted and issued a revised advisory pure premium rate, lowering the benchmark to $2.02 per $100 of payroll for workers’ compensation insurance, effective July 1, 2017. This is 16.5 percent less than the average pure premium rate of $2.42 California insurers filed as of January 1, 2017…[Continue Reading]

AlaCOMP Adopts Valen Analytics to Support Workers’ Comp Underwriting

Valen Analytics

Denver, CO – Valen Analytics®, an Insurity company, recently announced a client engagement with AlaCOMP, a Montgomery, AL workers’ compensation self-insurance fund. AlaCOMP will utilize the Predict application of Valen’s InsureRight® Platform to support underwriting decisions with increased business intelligence…[Continue Reading]

Ohio Construction Worker’s Fraud Scheme Collapses

Ohio BWC

Columbus, OH – A Marion man who claimed to be permanently disabled owes the Ohio Bureau of Workers’ Compensation (BWC) $160,000 after pleading guilty to a fourth-degree felony charge of workers’ compensation fraud. Appearing in a Franklin County courtroom, Jimmie Rankin, 45, was also sentenced to five years of community control…[Continue Reading]

A New Leader Speaks!

In today’s issue of WorkCompRecap we announce a new leader, and the publishing of their new post in WorkCompWire’s exclusive “Leaders Speak” section, which features leaders from the Workers’ Compensation Industry, and focuses on issues that are timely, relevant, and thought provoking. Are you ready?? [Continue Reading]

CompLinks: 5/23/17

CompLinks are a daily set of pertinent links that we believe will be of interest to our readers. NCCI’s Bill Donnell on the future of workers’ comp Managed Care Matters Impact of Economy and Technology on Insurance and Workers’ Compensation Safety National Conference Chronicles Ohio Bill Would Limit Access to Workers’ Comp for Workers Here Illegally Insurance Journal… [Continue Reading]

Dr. Robert Hall: Anoxic Brain Injury: An Underreported and Oftentimes Overlooked Consequence of Overdose

Dr Robert Hall

A few weeks back, a new patient of mine was accompanied into the examination room by his daughter. Although he was in his mid-50’s, he needed a significant amount of assistance due to decreased balance and unsteady walking. The reason for the referral was to evaluate the cause of his right shoulder and neck pain and hand numbness, which were ultimately found…[Continue Reading]

Fitch: U.S. Commercial Lines Profitability Deteriorating, WC A Bright Spot

Fitch Ratings

Chicago, IL – The U.S. commercial lines insurance market segment reported its fourth consecutive underwriting profit in 2016, but the combined ratio deteriorated by 4 percentage points to 99% according to a new report from Fitch Ratings. Poor results tied to adverse loss reserve development posted in the last two years by traditional…[Continue Reading]

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